Demonstrates basic rules of how to read a candlestick chart, long and short term moving averages, stochastic, MACD and relative strength (RS) charts. Explains how bull or bear market condition is computed.

The Blackstone Group L.P. is a publicly owned alternative asset manager. The firm also provides capital markets services to its clients. It provides its services to public and corporate pension funds, academic, cultural, and charitable organizations, retirees, sovereign wealth funds, and institutional and individual investors. The firm manages separate client focused portfolios for its clients. It also launches and manages private equity funds, real estate funds, funds of hedge funds, collateralized loan obligations, real estate investment trusts, and credit-focused funds for its clients. The firm invests in private equity, public equity, fixed income, and alternative investment markets across the globe. The Blackstone Group L.P. was founded in 1985 and is based in New York City, New York with additional offices in London, United Kingdom, Hong Kong, Baltimore, Maryland, Beijing, China, Copenhagen, Denmark, Dusseldorf, Germany, Los Angeles, California, Paris, France, San Francisco, California, Sao Paulo, Brazil, Singapore, Sydney, Australia, and Tokyo, Japan.

Financial Statements

The charts below show selected Annual and Quarterly Financial Data.

The purpose of these charts is to discover long and short term change dynamics. When numbers are growing year after year in the annual statements chart, the business become stronger and stronger and this is a good sign.

Quarterly Data Chart can be used to do a short term analysis. It makes sense to pay attention to the quarterly dynamics and do not wait for the next yearly statement. We should be alerted if we see that quarterly numbers are going down.

Annual Statements

On a charts below the Line shows absolute values and the Bar chart shows Year-Over-Year Growth Rate for selected financial statement item.
A consistent GROWTH is generally considered necessary to fund future growth from within a business.
NOTE: Growth Rate is not provided if either the latest period or the year-ago period contains a net loss.
(source: WSJ Digest of Earnings)
TIP! move your mouse pointer over bar or a circle on any chart below to see details.

Financial Statements

Income Statement

Cash Flow Statement

Balance Sheet

Liquidity Ratios

Current Ratio

Current Ratio measures the ability to meet short term obligations. Generally accepted standard is 2 (current assets should be 2 times or 200% of current liabilities).

Quick Ratio

Measures immediate liquidity or the cash available to cover immediate liabilities. A safe margin would be at least 1 (100%).

Financial Leverage

Defined as total assets divided by total shareholders' equity. The higher the ratio, the more debt a company uses in its capital structure.

Profitability Ratios

ROA

Return on Assets (ROA) measures the income (profit) that is generated by the use of the assets of the business.

ROE

Return on Equity (ROE) is a measure of profitability that calculates how many dollars of profit a company generates with each dollar of shareholders equity.
ROE is sometimes called "return on net worth."

ROIC

The Return on Invested Capital (ROIC) measure gives a sense of how well a company is using its money to generate returns. Some investors use this figure as a final evaluation to determine whether or not to invest in a company.

Annual Statements

Item Name

Dec '07

Dec '08

Dec '09

Dec '10

Dec '11

Dec '12

Dec '13

Dec '14

Dec '15

Dec '16

Dec '17

Equity (BVPS)

11.70

-12.86

18.81

6.00

5.76

7.18

7.58

9.31

8.49

8.06

5.48

growth rate

-100.0%

100.0%

-68.1%

-4.0%

24.7%

5.6%

22.8%

-8.8%

-5.1%

-32.0%

Earnings BIT

1,650.00

-1,200.00

-2,290.00

-522.65

77.26

1,010.00

3,150.00

4,108.25

1,959.27

2,534.66

4,314.59

growth rate

-100.0%

0.0%

0.0%

100.0%

1,207.3%

211.9%

30.4%

-52.3%

29.4%

70.2%

Avg.PE

3.46

-3.50

-4.30

-12.30

-44.10

38.46

15.87

15.02

27.95

18.98

15.48

growth rate

-100.0%

0.0%

0.0%

0.0%

100.0%

-58.7%

-5.4%

86.1%

-32.1%

-18.4%

ROA

6.90

-10.37

-7.66

-2.62

-0.83

0.86

4.00

5.18

2.63

4.25

4.84

growth rate

-100.0%

0.0%

0.0%

0.0%

100.0%

365.1%

29.5%

-49.2%

61.6%

13.9%

ROE

46.71

-324.24

-57.05

-5.78

-2.42

2.85

12.89

14.78

6.72

10.64

14.59

growth rate

-100.0%

0.0%

0.0%

0.0%

100.0%

352.3%

14.7%

-54.5%

58.3%

37.1%

ROIC

40.30

-97.58

-31.11

-3.25

-0.87

1.49

6.09

8.31

4.64

6.86

7.45

growth rate

-100.0%

0.0%

0.0%

0.0%

100.0%

308.7%

36.5%

-44.2%

47.8%

8.6%

Cur. Ratio

2.92

2.22

4.53

5.08

5.81

7.24

5.28

4.50

4.55

5.31

growth rate

-24.0%

104.1%

12.1%

14.4%

24.6%

-27.1%

-14.8%

1.1%

16.7%

Quick Ratio

2.92

2.22

4.23

4.84

5.43

6.90

4.94

4.31

4.33

4.99

growth rate

-24.0%

90.5%

14.4%

12.2%

27.1%

-28.4%

-12.8%

0.5%

15.2%

Leverage

3.12

2.64

1.56

2.78

3.07

3.52

2.98

2.75

2.34

2.67

3.35

growth rate

-15.4%

-40.9%

78.2%

10.4%

14.7%

-15.3%

-7.7%

-14.9%

14.1%

25.5%

Balance Sheet

Dec '07

Dec '08

Dec '09

Dec '10

Dec '11

Dec '12

Dec '13

Dec '14

Dec '15

Dec '16

Dec '17

Acct.Receivable

312.10

306.30

495.90

1,266.65

1,758.23

2,080.40

1,322.34

1,344.07

1,676.00

2,149.50

growth rate

-1.9%

61.9%

155.4%

38.8%

18.3%

-36.4%

1.6%

24.7%

28.3%

Acct.Payable

3,831.25

4,749.36

4,594.27

1,026.57

557.76

1,056.73

1,963.07

growth rate

24.0%

-3.3%

-77.7%

-45.7%

89.5%

85.8%

Cur.Assets

4,554.10

5,669.90

14,826.20

18,013.90

24,967.40

25,836.80

5,014.61

4,678.16

5,276.26

6,921.34

growth rate

24.5%

161.5%

21.5%

38.6%

3.5%

-80.6%

-6.7%

12.8%

31.2%

Total Assets

9,489.10

9,409.00

18,844.60

21,909.13

28,931.55

29,678.61

31,497.10

22,526.08

26,403.34

34,428.91

growth rate

-0.8%

100.3%

16.3%

32.1%

2.6%

6.1%

-28.5%

17.2%

30.4%

Cash

1,411.10

952.10

588.60

1,479.51

2,113.91

1,877.88

1,412.47

1,837.32

1,837.25

1,992.50

growth rate

-32.5%

-38.2%

151.4%

42.9%

-11.2%

-24.8%

30.1%

0.0%

8.5%

Inventory

0.00

0.00

0.00

0.00

0.00

growth rate

Cur.Liabilities

2,983.60

2,207.50

3,213.00

3,543.60

3,257.60

3,569.80

3,809.71

2,886.53

3,794.63

5,034.73

growth rate

-26.0%

45.6%

10.3%

-8.1%

9.6%

6.7%

-24.2%

31.5%

32.7%

Liabilities

3,733.10

3,932.10

12,063.00

16,146.63

21,908.52

21,421.40

14,163.55

10,295.62

13,888.40

20,699.36

growth rate

5.3%

206.8%

33.9%

35.7%

-2.2%

-33.9%

-27.3%

34.9%

49.0%

LT Debt

130.39

387.00

657.60

7,198.90

8,867.60

13,051.40

10,466.50

8,923.84

6,116.75

8,866.37

14,815.44

growth rate

196.8%

69.9%

994.7%

23.2%

47.2%

-19.8%

-14.7%

-31.5%

45.0%

67.1%

Equity

4,226.85

5,756.00

5,476.90

6,781.60

7,131.20

8,215.20

9,963.20

7,060.27

6,269.79

6,461.04

6,636.35

growth rate

36.2%

-4.9%

23.8%

5.2%

15.2%

21.3%

-29.1%

-11.2%

3.1%

2.7%

Common Shares

189.00

267.00

285.00

364.00

476.00

539.00

591.00

613.00

1,188.00

1,195.00

666.00

growth rate

41.3%

6.7%

27.7%

30.8%

13.2%

9.7%

3.7%

93.8%

0.6%

-44.3%

Cash Flow Statement

Dec '07

Dec '08

Dec '09

Dec '10

Dec '11

Dec '12

Dec '13

Dec '14

Dec '15

Dec '16

Dec '17

Capital Expenditures

32.31

50.10

23.60

54.20

36.48

37.02

25.64

30.27

59.25

21.83

24.35

growth rate

55.1%

-52.9%

129.7%

-32.7%

1.5%

-30.8%

18.1%

95.7%

-63.2%

11.6%

Cash Dividends

78.79

2,444.50

353.20

713.30

1,311.12

876.11

2,313.49

2,348.60

3,497.35

2,018.67

2,842.58

growth rate

3,002.6%

-85.6%

102.0%

83.8%

-33.2%

164.1%

1.5%

48.9%

-42.3%

40.8%

Cash From OA

-850.30

1,890.40

411.50

-371.89

1,099.61

583.16

3,547.94

1,654.99

2,397.04

-541.29

-2,448.74

growth rate

100.0%

-78.2%

-100.0%

100.0%

-47.0%

508.4%

-53.4%

44.8%

-100.0%

0.0%

FCF per Share

-4.66

6.93

1.36

-0.38

0.02

1.01

5.05

4.70

1.43

1.03

-2.53

growth rate

100.0%

-80.4%

-100.0%

100.0%

4,950.0%

400.0%

-6.9%

-69.6%

-28.0%

-100.0%

Sale Purchase of Stock

1,146.78

-22.43

-24.18

-36.26

-61.03

-27.62

-30.19

growth rate

-100.0%

0.0%

0.0%

0.0%

0.0%

0.0%

FCF

-883.00

1,840.00

388.00

-426.00

1,063.00

546.00

3,522.00

1,625.00

2,338.00

-563.00

-2,473.00

growth rate

100.0%

-78.9%

-100.0%

100.0%

-48.6%

545.1%

-53.9%

43.9%

-100.0%

0.0%

Income Statement

Dec '07

Dec '08

Dec '09

Dec '10

Dec '11

Dec '12

Dec '13

Dec '14

Dec '15

Dec '16

Dec '17

Sales

3,050.00

-349.36

1,773.70

3,119.30

3,194.75

3,946.57

6,505.20

7,363.20

4,502.03

4,973.18

6,921.57

growth rate

-100.0%

100.0%

75.9%

2.4%

23.5%

64.8%

13.2%

-38.9%

10.5%

39.2%

Op.Income

-4,736.00

-2,468.20

-1,024.60

-168.30

218.60

1,171.20

3,628.87

1,555.68

2,197.26

3,391.65

growth rate

0.0%

0.0%

0.0%

100.0%

435.8%

209.8%

-57.1%

41.2%

54.4%

IBT

-5,608.30

-2,291.50

-522.70

77.26

1,014.91

3,148.56

3,986.73

1,814.75

2,382.01

4,117.10

growth rate

0.0%

0.0%

100.0%

1,213.7%

210.2%

26.6%

-54.5%

31.3%

72.8%

Net Income

-1,163.00

-715.30

-370.00

-168.30

218.60

1,171.20

1,584.59

709.79

1,039.24

1,470.83

growth rate

0.0%

0.0%

0.0%

100.0%

435.8%

35.3%

-55.2%

46.4%

41.5%

EPS

4.49

-4.32

-2.46

-1.02

-0.35

0.41

1.98

2.58

1.04

1.56

2.21

growth rate

-100.0%

0.0%

0.0%

0.0%

100.0%

382.9%

30.3%

-59.7%

50.0%

41.7%

Gross Profit

2,692.69

229.04

1,773.70

3,119.30

3,194.75

3,946.57

6,505.20

6,077.70

3,937.47

4,105.16

5,433.24

growth rate

-91.5%

674.4%

75.9%

2.4%

23.5%

64.8%

-6.6%

-35.2%

4.3%

32.4%

Quarterly Statements

Item Name

Sep '17

Dec '17

Mar '18

Jun '18

Sep '18

Earnings BIT

948.01

1,433.74

935.47

growth rate

51.2%

-34.8%

Balance Sheet

Sep '17

Dec '17

Mar '18

Jun '18

Sep '18

Acct.Receivable

2,193.84

2,149.50

1,708.50

1,994.48

1,962.32

growth rate

-2.0%

-20.5%

16.7%

-1.6%

Acct.Payable

1,382.58

1,963.07

1,182.44

893.43

762.35

growth rate

42.0%

-39.8%

-24.4%

-14.7%

Cur.Assets

6,012.03

6,921.34

5,134.31

5,046.31

5,373.60

growth rate

15.1%

-25.8%

-1.7%

6.5%

Total Assets

31,761.99

34,428.91

27,933.38

30,075.30

30,460.36

growth rate

8.4%

-18.9%

7.7%

1.3%

Cash

1,315.69

1,992.50

1,746.95

1,710.25

1,937.96

growth rate

51.4%

-12.3%

-2.1%

13.3%

Inventory

growth rate

Cur.Liabilities

4,458.94

5,034.73

4,224.60

4,344.77

4,650.42

growth rate

12.9%

-16.1%

2.8%

7.0%

Liabilities

18,300.37

20,699.36

14,408.57

15,439.70

15,753.37

growth rate

13.1%

-30.4%

7.2%

2.0%

LT Debt

12,581.64

14,815.44

9,307.27

10,195.40

10,161.89

growth rate

17.8%

-37.2%

9.5%

-0.3%

Equity

6,586.01

6,636.35

6,514.21

7,047.35

6,987.52

growth rate

0.8%

-1.8%

8.2%

-0.9%

Common Shares

6,620.43

6,670.37

6,541.41

7,105.23

7,024.08

growth rate

0.8%

-1.9%

8.6%

-1.1%

Cash Flow Statement

Sep '17

Dec '17

Mar '18

Jun '18

Sep '18

Capital Expenditures

6.74

3.94

4.69

4.21

-0.14

growth rate

-41.5%

18.9%

-10.1%

-100.0%

Cash Dividends

672.98

532.31

1,062.73

426.61

773.47

growth rate

-20.9%

99.6%

-59.9%

81.3%

Cash From OA

-918.66

-644.43

-1,769.83

-890.84

1,320.87

growth rate

0.0%

0.0%

0.0%

100.0%

Sale Purchase of Stock

-15.51

-1.46

-12.35

growth rate

0.0%

0.0%

FCF

-925.40

-648.37

-1,774.52

-895.06

1,320.73

growth rate

0.0%

0.0%

0.0%

100.0%

Income Statement

Sep '17

Dec '17

Mar '18

Jun '18

Sep '18

Sales

1,705.23

1,807.59

1,730.46

2,593.25

1,885.23

growth rate

6.0%

-4.3%

49.9%

-27.3%

Op.Income

843.02

873.32

786.20

1,616.19

908.95

growth rate

3.6%

-10.0%

105.6%

-43.8%

IBT

906.47

1,359.13

896.80

1,689.71

975.79

growth rate

49.9%

-34.0%

88.4%

-42.3%

Net Income

384.64

281.59

367.87

742.04

442.74

growth rate

-26.8%

30.6%

101.7%

-40.3%

EPS

growth rate

Gross Profit

1,344.33

1,399.73

1,357.30

2,207.12

1,499.35

growth rate

4.1%

-3.0%

62.6%

-32.1%

R&D

growth rate

Growth Grade & Financial Ratios

All financial ratios below are calculated based on latest annual statements available and present the most up to date snapshot of a company finances.